All of the following are considered to be exporter strategies when the domestic currency is strong EXCEPT:
A) conduct conventional cash-for-goods trade.
B) engage in nonprice competition by improving quality, delivery, and aftersale service.
C) improve productivity and engage in vigorous cost reduction.
D) shift sourcing and manufacturing overseas.
E) give priority to exports to relatively strong-currency countries.

Question

Quizplus · Accepted Answer

Conducting conventional cash-for-goods trade is not a strategy to counteract the effects of a strong domestic currency, as it does not address the competitive disadvantages that arise from currency strength. The other options involve strategies to maintain competitiveness despite a strong domestic currency.

All of the Following Are Considered to Be Exporter Strategies